When Will India-US Trade Deal Happen And What Are The No-Go Zones? Piyush Goyal Answers

Last Updated:September 05, 2025, 00:03 IST

Amid worsening ties between India and the US due to a tariff tussle, Commerce Minister Piyush Goyal said India-US ties are "multidimensional and will only strengthen with time"

Commerce Minister Piyush Goyal with US Secretary of Commerce Howard Lutnick during a meeting, in USA, in May. (Image: @PiyushGoyal/PTI)

Commerce Minister Piyush Goyal has hinted at a resumption of trade deal negotiations between India and the United States by November.

Amid worsening ties between India and the US due to a tariff tussle, Goyal said the relationship between the two countries is “multidimensional and will only strengthen with time".

“Well, if you recall when Prime Minister (Narendra) Modi and President Donald Trump met in February, they had tasked the two teams to conclude the first tranche of a bilateral trade agreement by the fall of 2025, which is about November," Goyal told News18 when asked if the now-stalled trade deal will be back on track soon. 

During an exclusive interview with Network18 Group Editor-in-Chief Rahul Joshi, he said India-US ties are one of the most consequential and the two countries are “allies and friends". The friendship between the two is much stronger than a few isolated comments, he added.

“We will continue to be engaged to try and find solutions to reach that outcome. A few days, a few weeks, a few months in a nation’s history… such small periods will not define long-term objectives and goals," he said.

Trade talks between India and the US collapsed earlier this year as the former did not agree to opening its vast agricultural and dairy sectors. Bilateral trade between the world’s largest and fifth largest economy is worth over $190 billion.

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In reference to aides of US President Donald Trump – like White House adviser Peter Navarro – calling the Ukraine conflict “Modi’s war" or India “the laundromat of the Kremlin", the Union minister said there could be “misunderstandings" reflecting “personal opinions", which had resulted in “erratic and incendiary language".  

“I think they could be either some misunderstandings or some personal opinions that may be reflected in that. I do not think that deters the US and India from continuing to maintain our strategic alliance and partnership," he said.

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The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d...

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